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Tis the season for layoffs. You might need a new job search in 2018. As we speak, there are companies putting the final touches on separation agreements and/or severance packages. Well, the talk about departures or the rumored occurrences lately includes Adtalem, AAP, Aetna, AFLAC, Allscripts, Allstate, AIG, Anadarko, Arris, AT&T, ADP, Avaya, Baker Hughes, Bank of America, Becton Dickinson, Bed Bath & Beyond, Boeing, Bristol-Myers Squibb, and Broadcom. Not to mention every company that hired seasonal workers recently. This is why I am welcoming back to the show Tom Spiggle of Spiggle Law.
I want to hear from you of how this layoff episode resonates with you.
Here are places you can add to the conversation at large:
- Call and leave a voicemail at 708-365-9822, or text your comments to the same number
- Go to TheVoiceofJobSeekers.com, press the “Send Voicemail” button on the right side of your screen and leave a message
- Send email feedback to mark@thevoiceofjobseekers.com
More about Tom:
Tom Spiggle is a former prosecutor and former Assistant U.S. Attorney. His website also has a very informative blog found at spigglelaw.com He is regularly quoted in the media in such outlets as the Washington Post, CBS News, and many law journals.
Our discussion today is based on the article on Tom’s article on his blog, ” The Anatomy of a Severance Agreement.” This time of year is often feared for layoffs or departures. The Bureau of Labor Statistics clumps layoffs/departures as separations. Tom has a 6 part series to offer when you sign up with your email address.
Here are some highlights from our layoff show:
- Separation agreement – agreeing or wavering the right to sue, could include package with severance, outplacement services, etc
- Companies are not legally required to offer a separation package, no obligation
- Talk to financial advisor to get your ducks in a row
- If you think you may be laid off, and you have been sexually harassed, now is the time to file before any separation agreement
- Tom addresses the five components of the severance agreement in more detail: payment, benefits, unemployment, references, and obligations.
Reminder:
Grab my updated “118 Job Search Tips for the Modern Job Search in 2018” here.
About Mark Anthony Dyson
I am the "The Voice of Job Seekers," career consultant, job seeker advocate, career writer, and founder of this award-winning blog. I help the employed, unemployed, underemployed, and under-appreciated find jobs using job search strategies to navigate the new job market. I aim to give a safe place online to those with different needs, cultures, and ethnicities to find their voice in the job market. Thousands have read my career advice throughout the web as I write about everything from job search strategies to the mobile job search. I have published more than 400 articles on this blog and some of the largest career sites such as Recruiter.com, YouTern, and Come Recommended. I've been quoted in major online publications such as Monster, TIME/Money, Fortune, Business Insider and MSN. FlexJobs, JobMonkey, Aerotek, Career Pivot, and CareerSherpa listed my podcast as one of the top podcasts to help your job search. Love for you to sign up for the weekly newsletter. I share the latest articles I've written, new podcast episodes, and answer any questions you may have. The new job search is scary and if you need help, I am here for it!